Answer: Externalities occur when the actions of an individual or group spill over onto others, without their consent.
Explanation:
By definition, an Externality is the effect of an action by an individual or group that spills over onto third parties without their consent.
Externalities can be either negative or positive. A positive externality for instance would be bees from a bee farm pollinating flowers in the environment.
A negative externality would be air pollution from China for instance contributing to global warming effects experienced in Northern Africa.
A paying any taxs that are due on the estate
Answer:
Price of Bond=$871.997
Explanation:
<em>The price of a bond is the present value (PV) of the future cash inflows expected from the bond discounted using the yield to maturity.</em>
<em>Price of Bond = PV of interest payment + PV of redemption value</em>
PV of interest payment
interest payment = 5%× 1,000 = $50
PV = A × (1- 1+r)^(-n)/r
r- 6.2%, n- 18, A- 50
PV = 50 × (1 -1.062^(-18))/0.062=533.341
PV of redemption
PV = FV × (1+r)^(-n)
PV = 1,000 × 1.062^(-18)= 338.655
Price of the stock = 533.3419 + 338.655
Price of Bond=$871.997
The GDP of this fictional country is $ 8,000,000 (option C)
<h3>What is the GDP?</h3>
Gross domestic product (GDP) is a term to refer to a macroeconomic magnitude that expresses the monetary value of the production of goods and services in final demand of a country or region during a period, usually one year.
There are several ways to know the GDP of a country, the simplest is a mathematical operation that includes the following data:
- The consumption of households and non-profit institutions.
- The investment of companies and families.
- The final consumption expenditure of the public sector.
- The value of net exports.
- The value of imports.
The operation states that we must add the first four indicators and subtract the last one. According to the information provided in the fragment, the operation would be:
According to the above, the GDP of this fictitious country is $ 8,000,000 (option C)
Learn more about GDP in: brainly.com/question/14034620
